Reducing KYC Costs With Digital And Artificial Intelligence
Getting #digital right isn’t easy, EXL worked with HSBC to apply digital tools to KYC.
Financial Technology
Getting #digital right isn’t easy, EXL worked with HSBC to apply digital tools to KYC.
Financial Technology
#Wealth #management firms want to know how well their advisers are doing, if customers have complaints, if customers want different products and whether they are likely to leave. They are using artificial intelligence to learn what their customers are thinking in time to take action.
Financial Technology
#Kony has expanded its range of banking apps that can sit on top of legacy systems to provide modern #digital functionality. With an acquisition of tech from #Umpqua #Bank it can provides #banks with a way to combine digital mobile with human interaction.
Financial Technology
#Umpqua has taken personal banking #digital so it can provide every customer with a banker they can call on for assistance.
Financial Technology
#Banks‘ #digital efforts are decent, but not exciting, to their customers who prefer interacting with Amazon and social media.
Financial Technology
For risk managers, going #digital means rethinking how they operate and the new #risks to the firm in how it operates.
Financial Technology
Today #Finastra announced a partnership with Wis.-based #Unity #Bank for a #digital #loan solution. Unity Bank, with $ 450 million in assets, has begun to leverage loan #technology to streamline its commercial lending and consumer lending processes. Bank Innovation spoke with Unity Bank senior vice president and commercial lending manager Darrin Wilson on what “streamlining” will mean […]
Bank Innovation
#Consumers want #banks to do more than just hold #their money. They want their banks to help them meet their financial goals. In fact, a new consumer report by CSI shows that 83% of American consumers agree with that statement. That number jumped to 87% for consumers with an annual household income of $ 100,000 or […]
Bank Innovation
In some markets, #banks and fintechs are a long way from overcoming the dependence on cash. This challenge is felt at #Germany’s Commerzbank. As one of the country’s top five banks, with €452.5 billion ($ 513 billion) in assets, and boasting a 50-person #innovation lab, implementing #fintech for a fiat-focused market has its challenges. “What is striking […]
Bank Innovation
Baxter Credit Union, based in N.J., has found a new #solution to an old, and costly problem. David Brydun, vice president of consumer lending, exclusively told Bank Innovation that the financial institution has partnered with #Checkbook.io on a #digital #check issuance solution that utilizes #blockchain. “A lot of what goes on in digital lending is […]
Bank Innovation
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